General Electric Structured Settlement Annuity And Life Insurance — Claim reserves increased by 8.1% to $254.00M in Q4 2022 compared to the prior quarter. Year-over-year, this metric declined by 1.6%, from $258.00M to $254.00M. This increase may warrant attention — for this metric, lower values are generally preferred.
An increase may signal higher claim frequency or severity, while a decrease could suggest improved claims management or a reduction in the volume of outstanding liabilities.
This represents the estimated liability for claims that have been reported but not yet paid, as well as claims that have...
Common across property, casualty, and life insurers; peers typically report this as 'Claims Reserves' or 'Loss Reserves'.
ge_segment_structured_settlement_annuities_life_claim_reserves| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | |
|---|---|---|---|---|---|---|---|
| Value | $270.00M | $265.00M | $258.00M | $267.00M | $257.00M | $235.00M | $254.00M |
| QoQ Change | — | -1.9% | -2.6% | +3.5% | -3.7% | -8.6% | +8.1% |
| YoY Change | — | — | — | — | -4.8% | -11.3% | -1.6% |